The surge in productivity attributed to artificial intelligence is genuine and is not contributing to inflationary pressures, according to a senior economic adviser in the Trump administration. The official emphasized that advancements in AI are enhancing efficiency across industries without triggering price increases, challenging concerns that rapid technological adoption could destabilize the economy. This perspective aligns with recent data showing stable inflation despite growing investment in automation and machine learning tools. The administration views AI as a key driver of long-term economic growth, particularly in manufacturing, logistics, and financial services.
— news from Axios